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Forex Trend Analysis Report

Prepared for you on Monday, June 26, 2017.

Jordanian Dinar/Norwegian Krone (FOREX:JODNOK)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_JODNOK
Open High Low JODNOK Price Change
11.93630 11.95515 11.88780 11.91180 -0.02450
Entry Signal

MarketClub’s Trade Triangles for JODNOK

long term up The long term trend has been UP since Apr 21st, 2017 at 12.24685

intermediate term up The intermediate term trend has been UP since Jun 20th, 2017 at 11.95165

short term down The short term trend has been DOWN since Jun 23rd, 2017 at 11.94730

Smart Scan Analysis for JODNOK

Based on a pre-defined weighted trend formula for chart analysis, JODNOK scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for JODNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.93630 11.95515 11.88780 11.91180 -0.02450
Prev. Close Volume Bid Ask Time
11.93630 11.89920 11.92440 2017-06-23 14:28:13
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